Future FinTech Group (LTS:0A8H) GF Value Rank : 2 (As of May. 20, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Future FinTech Group GF Value Rank?

Future FinTech Group has the GF Value Rank of 2.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Future FinTech Group's GF Value Rank

For the Software - Application subindustry, Future FinTech Group's GF Value Rank, along with its competitors' market caps and GF Value Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Future FinTech Group's GF Value Rank Distribution in the Software Industry

For the Software industry and Technology sector, Future FinTech Group's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Future FinTech Group's GF Value Rank falls into.

Future FinTech Group GF Value Rank Related Terms

Thank you for viewing the detailed overview of Future FinTech Group's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Future FinTech Group (LTS:0A8H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Future FinTech Group Inc (LTS:0A8H) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

FTFT:USA

Address

Americas Tower, 1177 Avenue of The Americas, Suite 5100, New York, NY, USA, 10036

Website

http://www.ftft.com

Future FinTech Group Inc is engaged in the financial technology business. The company engages in the operation of a blockchain-based online shared shopping mall platform and also operates an incubator for application projects using blockchain technology. Future FinTech and its subsidiaries are developing blockchain technology for a variety of B2B and B2C real-life applications.

Future FinTech Group (LTS:0A8H) Headlines

No Headlines